SB 25: Antitrust: premerger notification.

This bill requires any person filing a notification under the Hart-Scott-Rodino antitrust improvements act to also file a copy with the attorney general if they have their principal place of business in the state or annual net sales of at least 20% of the filing threshold. The person must also file or provide the additional documentary material required under federal law. The attorney general is prohibited from disclosing the filed information, except in certain circumstances, and can impose a civil penalty for non-compliance. The bill applies to premerger notifications filed on or after January 1, 2027. The bill makes legislative findings to demonstrate the need for this provision.